News & Media

FSF in the News

NZ Herald, July, 2019

Finance industry wants tougher stance on payday lenders

Pay day lenders should be clearly identified, named on a public register and directors and top executives should have to pass fit and proper tests, says an industry body which represents major finance companies.

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National Business Review, July 11, 2019

Enforce current loan shark laws, we don't need more

FSF is interviewed on NBR about why blanket caps on interest and fees sound good in theory, but in practice won't do enough to protect vulnerable borrowers

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NZ Adviser, July 11, 2019

FSF: Interest rate caps won't protect vulnerable borrowers

Federation calls for payday lenders to be specifically outlined in legislation to protect vulnerable borrowers.

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AutoFile front page, July edition, 2019

Call to delay review of financial sector

FSF says conduct options paper should be postponed until other financial services consultation lands to avoid contradictions or overlap.

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NZ Adviser, March 20, 2019

Will high-cost loan interest caps really protect vulnerable consumers?

Executive director Lyn McMorran says a 100% cap on high-cost loans will not necessarily provide the protection that customers need...

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NZ Adviser, March 8, 2019

NZ regulatory overhaul will focus on process

"It's not just about compliance and whether or not you're in line with the law, but it's about how it sits within your culture and how that's leading to good customer outcomes".

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NZ Adviser, March 8, 2019

NZ Environment means NZ can't ban commissions - FSF

Lyn McMorran says New Zealanders are less likely to pay for financial advice, and an underinsured NZ is not a good outcome.

View Article, March 24, 2019

A career in banking: 'Remember when we had the 'best legs' vote at work'.

In light of International Women's Day, Lyn McMorran discusses how much financial services has changed, and why it needs 'people' people, not mathematicians.

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AutoTalk, January 31, 2019

Insurance review a wakeup call for industry

Executive Director Lyn McMorran says all sectors can learn from the findings, and discuses FSF's Responsible Credit-Related Insurance Code.

View Article, January 24, 2019

Personal Finance with Susan Edmunds

FSF's Executive Director Lyn McMorran encourages consumers in financial strife to call MoneyTalks NZ to help get their life back on track.

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